Due Diligence Associate

About this role:

• Wells Fargo is seeking a Due Diligence Associate

In this role, you will:

• Engage with clients directly or indirectly through relationship managers to support meeting policies or regulatory requirements and focus on client satisfaction
• Conduct comprehensive research and background investigations on transactions, individuals, entities, organizations or locations to identify and mitigate risks through documenting findings
• Review basic issues, policies or procedures for which answers can be quickly obtained related to lower risk tasks and deliverables with narrower impact
• Run periodic due diligence reporting supporting processes reflective of the current business environment
• Gather and input data utilizing resources to identify documentation required to meet policy or regulatory requirements
• Receive direction from supervisor and exercise judgment while developing understanding of function, policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:

• 6+ months of Due Diligence experience, or equivalent (including risk management, client service, operations support, or business process management) demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 4+ years of experience in one or a combination of the following: financial services, criminal justice, fraud, Bank Secrecy Act, anti-money laundering, or investigations of financial crimes or policy violations; experience in the foregoing Operational Risk Management processes and or Compliance or Audit Programs of a banking back-office operations
• High proficiency with investigative and due diligence tools such as Lexis Nexis, World Check, World Compliance, etc.
• An expert in the banks Customer Identification Program (CIP) and in-depth knowledge of investigation methodologies.
• Strong background investigation knowledge and experience
• Moderate proficiency with Microsoft Office (Outlook, Word, Excel, etc.)
• Graduation in any stream
• Familiarity with and working knowledge of BSA/AML programs including all aspects of KYC and or other related risk and regulatory disciplines.
• Proven ability to collaborate with all levels of management and functional groups.
• Potential experience in Quality Control (QC) will be an added advantage.